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Thanks mostly to the novel coronavirus pandemic, digital education giant Chegg (NYSE:CHGG) reported outstanding first-quarter numbers in early May as students pivoted in bulk towards online learning platforms. In response to the blowout earnings report, CHGG stock popped more than 30% to all time highs near $60. Source: Casimiro PT / Shutterstock.com Readers of mine
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Many companies are being hurt by social distancing safety rules due to the coronavirus and investors may want to reevaluate whether to own their stocks, CNBC’s Jim Cramer said Tuesday. “Social distancing is going to be the answer why you have to sell certain stocks,” Cramer said. For companies that need to invest heavily to help
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Download Stig & Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Subscribe to The Investors Podcast on iTunes: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Subscribe to The Investor Podcast on Stitcher: http://www.stitcher.com/podcast/theinvestorspodcast/the-investors-podcast?refid=stpr Subscribe to The Investor Podcast on SoundCloud: https://soundcloud.com/theinvestorspodcast Have a question? Get your voice heard on the show: http://www.theinvestorspodcast.com/get-on-the-show.html In this second part episode, Preston and
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Few investors have the power to move market sectors like Warren Buffett. The famed Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) CEO relinquished his entire holdings of several airline stocks recently. The next thing you know, those stocks started declining. And we’re looking at some of their big stock charts today. Source: Shutterstock Buffett’s a soft-spoken and folksy investing
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It’s been a year since the irrational exuberance related to cannabis stocks was replaced by caution and reality check. Over the one-year period, Tilray (NASDAQ:TLRY) stock plummeted by 85%. Source: Jarretera / Shutterstock.com The stock decline is a reflection of multiple industry headwinds coupled with weakening company fundamentals. Even at current levels of $7.50, I
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Warren Buffett’s Berkshire Hathaway has sold all its airline stocks, but retail investors at TD Ameritrade were buying them in April, according to JJ Kinahan, the firm’s chief market strategist.  “Nobody in their right mind normally fades Mr. Buffett, but with that being said, I think people are buying these and saying, ‘OK, this has to be a longer-time-frame
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